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Search Results 0 to 21 of about 22 (some duplicates have been removed)
to extent the debt ceiling until may. still needs agreement to avoid across the board spending cuts. >> peter marisi says bun thing holding tobacco guard growth is nature of investment. relatively few people flipping stocks in a way that doesn't send capital where it needs to go to grow the economy. >> bret: wendell goler, thank you. several democratic politicians trying to put a squeeze on gun manufacturerrers. correspondent shannon bream tells us this time gun control advocates are trying to pull a trigger on a different approach. >> as the police chief and sheriffs from around the country gathered at the white house to meet with president obama and discuss gun violence he put the onus on capitol hill. >> as we indicateed before, the only way we will be able to do everything that needs to be done is with the cooperation of congress. >> growing independent case it won't be easy sledding on the hill, number of obama allies across the country rolling out plans to go after the gun manufacturers and the financial backers. officials in california, illinois, new york, and pennsylvania pu
be fun to use a government shutdown or a debt ceiling crisis to force further cuts. you guys sure know how to show a gal a good time. there's no question over the long term we have to balance budgets and pay down our debts, but short-term deficit hawkishness is hurting us badly right now. our problem is not relief for storm victims or federal money for family planning services, it's a tax base that's too low to support rising health care costs and an aging population over the long term. let's deal with those problems over the long term. but for now, congress, how about we just try to avoid shooting ourselves in the foot. i know blaming government for a lack of spending is not the type of blaming government that the gop usually enjoys, but in lean times it's the only type of blaming government that we can afford. you know what would really be great is some stimulus, but you understand that's probably too much to ask for. so for now let's just keep the government from reversing the private sector-led recovery that is already under way. all right. that does it for us here at the cycle and
the debt ceiling until may 19, then resetting the cap to cover any borrowing over the current limit-- $16.4 trillion. and for now, republicans will not force immediate spending cuts. the party's new strategy would achieve that goal by forcing congress to pass a budget. house budget committee chair-- and last year's vice presidential nominee-- paul ryan. >> here's the point, we have a law, it's called the budget act, it requires that congress passes a budget by april 15. all we're saying is, "congress, follow the law, do your work, budget. and the reason for this extension is so we can have the debate we need to have." >> ifill: as added incentive, the house bill says, if there is no budget, then lawmakers won't get paid. after it passed today by a bipartisan vote of 285 to 144, speaker boehner said he's optimistic that will happen. >> if both chambers have a budget. democrat budget from the senate, republican from the house now you've got competing visions, for how we address this problem. out of those competing visions, we're going to find some common ground. >> ifill: but house minority
they would only raise the debt ceiling by a dollar for every dollar cut in snding. now they said never mind. we'll push that down the road. the big fight will be on the sweeping spending cuts that go into effect march 1 and on the government funding that runs out on march 27. march is going to be the month to watch, and it's a month that could end in a government shutdown. >> ifill: is it the kind of fight the republicans want to have to redefine themselveses? >> i think they do. gwen, i think you have to know when to hold them and know when to fold them. yes, the republicans folded on this wise wisely. finally, i think they got some smart on this. you have to pick your fights. they need a breather now they'vbeen on the defense f a year on tax cuts for millionaires, on toughness, shutting down the government, they're not going to compromise. they need to recalbright here, a reset button needs to be pushed and it seems like in every aspect of government. and fight on future spending, not on obligations already incur. >> ifill: in the inaugural address this week, we saw the president lay out
increase in this debt ceiling we have to have a dollar in cuts to match that. the president said earlier this month, i'm not doing that anymore. we are not going to keep negotiating over the debt ceiling. this is our obligation over. the republicans have conceded the president had won the argument and are now -- this week they ebb extended the debt ceiling with no accompanied spending cuts. the republicans will cede that issue to him. >> your latest article, mitt romney i'm not going away. tell me. >> certainly was a little different. he came in to toub this weekend for the alfalfa dinner. we hadn't seen a lot from mitt romney since he lost in november. he to told donors that it was purposeful. he is not going anywhere. he will be active in 2013 and 2014s and in terms of 2016. although some sources said his personal ambition for public office are over. >> good to see you both today. thank you so much. >> thank you, t.j. >>> to the weather, the midwest is facing an ice threat. winter storm is dropping snow and freezing rain expected to bring icy conditions. power outages and travel delays
president obama before they raise the debt ceiling. the g.o.p. is calling to balance the federal budget in just ten years. that's almost twice as fast as previous efforts by republicans. if that is the case, medicare and other safety net programs wills take a huge hit. yesterday's extension of the debt ceiling now goes to the senate which will likely pass it as well. we'll be right back. (vo) current's award winning original series is back with an all new episode straight from the headlines. (vo) in the minefield of the nation's gun control debate, this could be the most polarizing issue. >> anybody can claim stand your ground and they could get away with murder. >> announcer: broadcasting across the nation on your radio and current tv, this is the "bill press show." >> bill: yes indeed. equality moves to the front lines as the pentagon today lifts the ban on women in combat. big move. a great move. hello, everybody. happy, happy thursday and welcome, welcome to the "full court press." coming to you live all the way across this great land of ours. god bless america. we're booming out to
, think it's a higher priority to cut police budgets, to -- you know supposedly deal with this debt ceiling -- the last time i checked, 87 americans did not die from the fiscal cliff or the debt ceiling. they are dying from unrestricted access to guns and congress is to blame. >> jennifer: give us some hope. if you have to put your prognosticating hat on, which of the measures are going to get through this congress? will there be an assault weapons ban, background checks and a ban on high-capacity magazines. >> if general mccrystal continues to speak out that these are designed for war and maximum body damage, not for a civilized society, we might get that ban on assault weapons. we should get a universal background check for all gun sales so it's harder for criminals, the mentally ill and terrorist groups that come to u.s. gun shows because they can buy assault weapons without a background check in this country, we should be able to get that. the ban on high-capacity ammunition clips is just common sense. we should get consumer protection standards like we h
as obama was elected are going to cross their arms and they are not going to raise the debt ceiling ultimately unless they get severe spending cuts and the obama administration is not going to give it to them. and you are going to watch the u.s. do crazy, crazy things this year. >> if you are right on those crazy, crazy things, then the rest of us are in for a dreadful, dread full time? >> dreadful. it is going to be so strange for the richest country on earth to cross their arms and say i'm not paying. imagine crossing your arms. you are going to see it this year. >> reporter: now, we have been asking our guests here for the riskometer. on this side we have is the u.s. a bigger threat to global growth in 2013. on this side the e.u. lutnic thinks the u.s. is by far the bigger. as you look overall most people still seem to believe europe is the biggest threat in 2013. by the way, speet tweet me wher think the biggest threat is. >> very official looking. did you make that yourself? >> don't you mock it? it works and it is doing a good job. >> we will have people tweet you and see what
think the sequester will happen. we cannot lose the spending cuts. that was to pay for the last debt ceiling increase. >> one of the nations largest federal contractors, general dynamic, announced in recent days a $2 billion loss which it is blaming on defense cuts and falling government demand. >> the measures will have to be taken. layoffs and the defense industry. most importantly to me, devastating growth to our national security at the sequestration takes place. it is up to congress and the president to act together. frankly, so far, i have not been the type of urgency that many of us feel about sequestration and its implementation. >> it seems that the war being wound down in afghanistan that the real fight is beginning at home for tighter budgets. melissa: jennifer griffin, thank you very much. illinois heading to disaster. joining us now, dan rutherford. that is coming up. lori: are you overeducated and underemployed? the new normal of this job recovery. ♪ . . . .. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle y
to fight all over again on this and maybe threaten something on the debt ceiling, which for them would be worse. >> one of the things that hasn't changed since the republicans saying these job numbers are terrible. we're going to keep cutting medical they get even worse. >> so in terms of the big battle and any kind of possible grand bargain, you think that's over continuing resolution and budget numbers? >> yeah. well, i mean, the first thing that comes up time-wise, is on march 1st we have to deal with the sequester because the republicans reordered the way that these things are going to fall on the calendar. the sequester is those automatic spending cuts. billions -- tens of billions of dollars just this year in spending cuts. the republicans would like to have some kind of spending cut win this year, and that might be their only opportunity to get one, so you can see them hunkering in and saying, you know, we're going take the hit on defense spending cuts, but we're going to get spending cuts here by hook or by crook, and for democrats they might say, you know, we would rather lose
. it is set to vote on a bill to athe debt ceiling to keep going up through the middle of may had a would delay the ex-penned showdown between democrats and republicans over spending cuts. the house passed a bill last week. >>> president obama says he will sign it if it passes in the senate. >>> we are still following a developing story out of alabama. a-year-old boy is being held hostage and is now going on three days. here is what we know. 63-year-old man boarded a school bus tuesday after fatally shooting the bus driver. he grabbed the 5-year-old sxwoy pled the scene. police tracked the man down but says he has been holding the child hostage for more than 30 hours. neighbors of the man describe him as a loner and survivalist who distrust it is government. you can count on news4 for updates it is a story continues to unfold. >>> metro says it may need to review its procedures with d.c. fire after a chaotic evening commute. an insulator started smoking on the green line and the emergency responder cut the wrong electricity source. that left two trains stopped for hours between the anacos
in spending cuts we can't lose those spending cuts. that was to pay for the last debt ceiling increase let alone any future increases. >> reporter: one of the nation's largest federal contractors, general dynamics based in fall's church, virginia, announced a $2 billion loss which it is blaming on defense cuts and falling government demand. >> draconian measures will have to be taken, furloughs, layoffs in the defense industry but most importantly to me, a devastating blow to our national security if the sequestration takes place. and it is up to congress and the president to act together and frankly so far i have not seen the kind of urgency that many of us feel about sequestration and, its implementation report so it seems with the war being wound down in afghanistan, the real fight begins at home for tighter bum jets. jamie? jamie: those civilians play an important role. thanks. jon: take a look at this. a brush with death for a guy on a motorcycle, when a big-rig truck flips over and nearly crushes him. jamie: whoa. jon: yeah, that amazing video, where it happened. we'll tell you about
, chris. we've got sequestration coming, we've got the debt ceiling coming again we have to deal with in may. your article, this is a heck of a title, once unthinkable severe spending cuts now seem plausible, how so? >> t.j., what we saw in the congress was a few years ago they put together such big budget cuts, $1.2 trillion in cuts split 50-50 between military spending and domestic spending. and those were so big that everybody agreed at the time that there was no way we would do kind of this across the board budget ax. we're going to come back, we're going to rethink this and we're going to try to get those savings in a more -- in a smarter way. and that hope as it were is pretty much shot now when you talk to the republicans and democrats in the congress. republicans believe many of the deficit hawks out there believe this is the best chance they have for cutting spending. it's going to become law on march 1st. it's already on the way to taking effect. and democrats are happy to replace some of those cuts, particularly in the military side, but they want to do it with tax inc
Search Results 0 to 21 of about 22 (some duplicates have been removed)